40331
SOUFFLET MALT ETHIOPIA SC
Mar 12, 2019
Ethiopia
Africa
Apr 30, 2019
B - Limited
Active
Jun 12, 2021
Regional Industry - MAS Africa
Agribusiness and Forestry
Approved : Jun 20, 2019
Signed : Jun 28, 2019
Invested : Oct 14, 2019
Grain Processing (Milling, Starch, Flour, Malt)
Blended Finance
Soufflet is a French family-owned agri-food group of international scope with a presence in 19 countries. It operates in the barley, wheat and rice and pulses sectors and advises and provides support for wine growers. The group is the leading family-owned direct buyer of cereals in Europe, and also operates in the international cereal markets through its subsidiary Soufflet Négoce. In the barley sector, it is one of the world’s top malt producers, with a presence in Europe, Asia, and South America. In wheat, it is one of Europe’s leading millers and an expert in developing tailor-made ingredients. The Group also develops and manufactures enzymes and yeasts and is a significant player in the bakery food industry in France and Portugal, and is also active in the fast food sector. The Soufflet Group invests in research and innovation to enhance the value of agricultural resources. Proposed investment consists of a EUR 20 million financing to Soufflet Malting Ethiopia PLC (“Soufflet Ethiopia” or the “Company”), a 100% subsidiary of Soufflet. The project will directly support the Group’s strategy in Africa to build and operate a malting facility in Ethiopia with a total output capacity of 110K tpa (the “Project”).
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Local Access of Project Documentation
Company: Soufflet Malt Ethiopia
Point of Contact: Jean-Benoit VIVET
Title: General Manager